The market for Residential in Las Vegas has picked up the last couple of weeks.
At my office there are agents all over very busy finding homes for buyers and investors. Word has it is that many investors are back in Las Vegas buying up homes that are bank owned and short sales.
I have one home in escrow and working on another.
It is a very good time to buy right now as some people know. There are some that are waiting to see if the market will go down further, it probably will.
Here is my suggestion, if a home is listed at $200,000.00, offer $150,000.00 to $175,000.00. If you purchase the home for $175,000.00 and the value goes down, it will adjust within approx what you offered. And the market will not be down for ever.
Another reason to buy now is there are more homes on the market which gives you more to choose from, so you can find a area, type of home you really like. About the middle of Spring the prices will be up and there will be fewer homes to buy.
Do your home work and invest in a home in Las Vegas.
ROBERT SWETZ 702.443.7156
web site: www.SwetzSellsVegas.com
email: Mr.Swetz@gmail.com
Tuesday, February 26, 2008
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